18 Ramadan 1445 - 28 March 2024
    
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Eye of Riyadh

ROSHN Supercharges its App with Boxo Partnership
Business & Money | Saturday 23 March, 2024 6:58 am
ROSHN Group, the PIF-owned giga-project and Saudi Arabia’s most trusted developer, has heralded a substantial increase in the capabilities of its Superapp through its latest agreement with Boxo, the Singapore-based tech firm. The two companies participated in a signing ceremony at ROSHN HQ, where ...
Diriyah Company Signs Ground-breaking Agreement for District Cooling Plant Development
Business & Money | Saturday 23 March, 2024 6:56 am
The Diriyah Company has announced a groundbreaking infrastructure agreement with City Cool Cooling Company. The infrastructure agreement includes a district cooling plant and associated distribution network with the ability to deliver a maximum cooling power of 72,500 Tons of Refrigeration (TR)....
PwC Middle East and Microsoft launch AI Centre of Excellence dedicated to upskilling Saudi engineering talent
Business & Money | Saturday 23 March, 2024 6:43 am
PwC Middle East in Saudi Arabia and Microsoft have announced the launch of an artificial intelligence (AI) Centre of Excellence in Riyadh at LEAP 2024, aimed at upskilling and scaling the AI capabilities of Saudi engineers and researchers. The launch of the centre supports the Kingdom’s community ...
Saudi Arabia launches Phase II of Madinah airport expansion project
Business & Money | Saturday 23 March, 2024 6:40 am
Prince Salman bin Sultan bin Abdulaziz, Governor of Madinah and Chairman of Al Madinah Region Development Authority, inaugurated Phase II of Prince Mohammad Bin Abdulaziz International Airport's development and expansion project.   The project worth up to SAR 1.2 billion aims to...
SAL signs deal with Taiba Airports to develop new air cargo terminal
Business & Money | Saturday 23 March, 2024 6:30 am
SAL Saudi Logistics Services Co. and Taiba Airports signed on March 21 a 16-year agreement to establish a new air cargo terminal at Prince Mohammad Bin Abdulaziz International Airport in Madinah.  The deal aims to boost the air cargo capacity at the airport and ensure the provision of...
Bonyan REIT inks SAR 500M credit facility deal with Alinma Bank
Business & Money | Friday 22 March, 2024 7:43 am
Bonyan REIT Fund inked a Shariah-compliant credit facility deal worth SAR 500 million with Alinma Bank, fund manager Saudi Fransi Capital said in a statement to Tadawul.   The agreement runs for seven years, with margins paid quarterly, beginning with a cash withdrawal for...
Al Yamuna Densons invests AED 35 million in its facility expansion in Ras Al Khaimah
Business & Money | Friday 22 March, 2024 1:50 am
A leading Indian manufacturer of power cable joining kits, Al Yamuna Densons is expanding its facility in Ras Al Khaimah with an investment of AED 35 million to boost its regional operations. The construction in the Al Hamra Industrial Zone is set to be completed by May, taking the total area to...
Azizi Developments’ Amber in Al Furjan reaches 76% construction completion
Business & Money | Friday 22 March, 2024 1:48 am
Azizi Developments, a leading private developer in the UAE, has announced the 76% construction completion of Amber, its premium condominium project in Dubai’s highly acclaimed growth corridor, Al Furjan.  Comprising a mix of studios, one-, two- and three-bedroom residences, Amber is due for...
Business & Money | Friday 22 March, 2024 1:46 am
Under the patronage of H.E. Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs and Free Zone Corporation (PCFC), the Corporation hosted the annual Ramadan gathering at the suhoor table on the Queen Elizabeth II (QE2) ship in Dubai. This initiative reflects the...
Saudia Technic and flyadeal Secure Major Maintenance Contract at MRO Middle East Conference in Dubai
Business & Money | Friday 22 March, 2024 1:41 am
At the prestigious Dubai MRO Middle East 2024 Conference, Saudia Technic is proud to announce that flyadeal has awarded it a significant contract for the completion of 10 C checks on its Airbus A320neo fleet throughout 2024. This achievement underscores Saudia...
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